Sherwin-Williams Highlights Residential Repainting Growth -- Market Talk

Dow Jones

2025/01/31

1314 ET - Sherwin-Williams CEO Heidi Petz says residential repainting remains the company's largest share gain opportunity. The paint company says it significantly outperformed the market in that sector. Residential repainting increased by high-single-digit growth in 4Q as existing home sales showed modest signs of recovery, Petz says during an earnings call. Petz also says Harvard's LIRA index, an indicator of remodeling activity, shows a return to slight growth. Sherwin-Williams is up 1.6%. (roshan.fernandez@wsj.com)

(END) Dow Jones Newswires

January 30, 2025 13:14 ET (18:14 GMT)

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The paint company says it significantly outperformed the market in that sector. Residential repainting increased by high-single-digit growth in 4Q as existing home sales showed modest signs of recovery, Petz says during an earnings call. Petz also says Harvard's LIRA index, an indicator of remodeling activity, shows a return to slight growth. Sherwin-Williams is up 1.6%. 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Petz also says Harvard's LIRA index, an indicator of remodeling activity, shows a return to slight growth. Sherwin-Williams is up 1.6%. (roshan.fernandez@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 13:14 ET (18:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}